Re: Where's all the monkeys that were calling S&L the "Devil"
in response to
by
posted on
Jul 26, 2007 05:51AM
And... this is the nature of their business model. S/L lends to distressed companies. S/L would be remiss if they did not ride this "winner" to make up for those companies that did not pull out of their downward spirals. This business model resembles advice given by stock mavens where we are told to ride the "winners"and cut loose or minimize downside on the "losers".
Many here don't want to accept the reality of this dynamic that has been in place for years. The fact is that this warrant overhang will be gone soon. This really will be water under the bridge soon as warrants and the associated "overhang" are finally retired allowing share price to run more freely and base higher etc on substantial good news.
The market has NOT caught on yet how those risks have been SUBSTANTIALLY lowered by the warrant retirement plan. Huge buying opportunity here at these levels... and I ain't just pumpin'!